Chartered Family Office Manager Mock Quiz

Investment fund under the Income tax Act 1961 refers to the ___________

A fund that provide both equity and unsecured debt financiang to early stage start-ups would classify as which of the following?

An allignment if interest is is required between

An AIF that aims ot invest in listed securities and the derivatives and other complex trading stargies is categorised as __________

Which of the following is the eligible condition for being the sponsor of the AIF?

What is the minimum contribution requirement to start an AIF under Cat I & II?

The minim number if clients allowed in an AIF is ___________

The following category of the investor is not suitable for uinvestment in AIF?

Break up value of share is arrived at using ___________-

The fund has to maintain records relating to

A Fund has a PIC of 0.90 means __________–

The following tes of income will most likely be taxed as Income from Other Sources for a category III AIF, except ______________-

An AIF is liable to deduct at the rate of _________%, at the time of credit or at the time of payment of such income , whichever is earlier to the account of a resident investor

As per the SEBI regulations, all the Cat I & II AIF are supposed to disclose the details of the find investment objective, fund structure Investment methodology to the potential investor in their _____________

In Cat I & II AIF, Distributor may also assist in completing the KYC Documentation and verification process. State whether TRUE or FALSE

The inevstment manager shall clearly disclose the vauation method adopted by the fund for the valuation of illiquid securities approved by a __________

The ______________ is the thresh hold return iver which the Investent manager will be eligible to earn incentives fees

The minimum amount for investment in Angel fund is __________-

The ________________ includes a Principal Purpose tests wherein tax benefits under a Double Taxation Avoidance Agreement (DTAA) can be denied if one of the purpose n arrangement or a transaction was to directly or indirectly obtain tax benefit.

Complex fund structuring is requiredwhich makes it difficult for investors to comprehend in Alternate Investment. State true or False

If an IPO fails to get _____ overall subscription (including QIB, NII, and Retail) by the last day of the issue then the IPO is cancelled.

In case of a fresh issue of Shares as a ‘Fixed Price Issue’, who decides the price at which the shares will be issued?

In case of issue of Shares as fixed price issue, investors need to pay _____ of the price of the share at the time of bidding for the share

In an IPO, the SEBI (DIP) guidelines permit only _______ to have an option of applying at ‘CUT OFF PRICE’.

Retail Individual Investors (RIIs) – In an IPO, any individual investor who is willing to subscribe for shares less than or up to

What is the minimum amount for an Anchor Investor to bid for in IPO to participate?

To participate as Non-institutional Investors (NIIs)/High Net-worth Individuals (HNIs) in an IPO what is the min amount they must apply for?

As per SEBI norms, what percentage of the total IPO offering should be reserved for High Networth Individuals (HNIs) ?

What percentage of total IPO offer by a company should be reserved for Retail Individual Investors (RIIs)

Companies who have NOT registered profits in the last 3 years, are allowed to allocate only ______ to retail investors in an IPO.

Which of the following MIGHT NOT be a reason for a stock market to lose value suddenly?

In an IPO, out of the shares reserved for QIIs, up to ____ of the shares can be sold to Anchor Investors.

SEBI has mandated that Institutional Investors/Qualified Institutional Investors (QIIs) cannot be allocated more than ___ % shares in an IPO

In case of an IPO through Book Building mode, the cap on the Price Band should be less than or equal to ______ % of the Floor Price.

In case of an Initial Public Offer, the Floor Price or the Offer price cannot be lesser than …………… of the securities.

Which of the following is the first international stock exchange in GIFT City?

Who regulates insurance companies operating in GIFT IFSC?

Which bank became the first to set up operations in GIFT IFSC?

What is the tax benefit for units set up in GIFT IFSC under Income Tax Act?

Which law governs arbitration and dispute resolution for IFSC?

GIFT City is planned to be built over how many hectares?

Which modern utility feature is implemented in GIFT City?

GIFT City uses which utility infrastructure model?

Which of the following is NOT part of the GIFT City vision?

What kind of tax regime is available in GIFT IFSC?

Who is the master planner of GIFT City?

Which building in GIFT City houses financial institutions and companies?

Which global auditing firm has its back-office in GIFT City?

Which real estate firm developed residential projects in GIFT City?

Which fintech regulatory sandbox is hosted in GIFT City?

Investment fund under the Income tax Act 1961 refers to the ___________

A fund that provide both equity and unsecured debt financiang to early stage start-ups would classify as which of the following?

An allignment if interest is is required between

An AIF that aims ot invest in listed securities and the derivatives and other complex trading stargies is categorised as __________

Which of the following is the eligible condition for being the sponsor of the AIF?

What is the minimum contribution requirement to start an AIF under Cat I & II?

The minim number if clients allowed in an AIF is ___________

The following category of the investor is not suitable for uinvestment in AIF?

Break up value of share is arrived at using ___________-

The fund has to maintain records relating to

A Fund has a PIC of 0.90 means __________–

The following tes of income will most likely be taxed as Income from Other Sources for a category III AIF, except ______________-

An AIF is liable to deduct at the rate of _________%, at the time of credit or at the time of payment of such income , whichever is earlier to the account of a resident investor

As per the SEBI regulations, all the Cat I & II AIF are supposed to disclose the details of the find investment objective, fund structure Investment methodology to the potential investor in their _____________

In Cat I & II AIF, Distributor may also assist in completing the KYC Documentation and verification process. State whether TRUE or FALSE

The inevstment manager shall clearly disclose the vauation method adopted by the fund for the valuation of illiquid securities approved by a __________

The ______________ is the thresh hold return iver which the Investent manager will be eligible to earn incentives fees

The minimum amount for investment in Angel fund is __________-

The ________________ includes a Principal Purpose tests wherein tax benefits under a Double Taxation Avoidance Agreement (DTAA) can be denied if one of the purpose n arrangement or a transaction was to directly or indirectly obtain tax benefit.

Complex fund structuring is requiredwhich makes it difficult for investors to comprehend in Alternate Investment. State true or False

If an IPO fails to get _____ overall subscription (including QIB, NII, and Retail) by the last day of the issue then the IPO is cancelled.

In case of a fresh issue of Shares as a ‘Fixed Price Issue’, who decides the price at which the shares will be issued?

In case of issue of Shares as fixed price issue, investors need to pay _____ of the price of the share at the time of bidding for the share

In an IPO, the SEBI (DIP) guidelines permit only _______ to have an option of applying at ‘CUT OFF PRICE’.

Retail Individual Investors (RIIs) – In an IPO, any individual investor who is willing to subscribe for shares less than or up to

What is the minimum amount for an Anchor Investor to bid for in IPO to participate?

To participate as Non-institutional Investors (NIIs)/High Net-worth Individuals (HNIs) in an IPO what is the min amount they must apply for?

As per SEBI norms, what percentage of the total IPO offering should be reserved for High Networth Individuals (HNIs) ?

What percentage of total IPO offer by a company should be reserved for Retail Individual Investors (RIIs)

Companies who have NOT registered profits in the last 3 years, are allowed to allocate only ______ to retail investors in an IPO.

Which of the following MIGHT NOT be a reason for a stock market to lose value suddenly?

In an IPO, out of the shares reserved for QIIs, up to ____ of the shares can be sold to Anchor Investors.

SEBI has mandated that Institutional Investors/Qualified Institutional Investors (QIIs) cannot be allocated more than ___ % shares in an IPO

In case of an IPO through Book Building mode, the cap on the Price Band should be less than or equal to ______ % of the Floor Price.

In case of an Initial Public Offer, the Floor Price or the Offer price cannot be lesser than …………… of the securities.

Which of the following is the first international stock exchange in GIFT City?

Who regulates insurance companies operating in GIFT IFSC?

Which bank became the first to set up operations in GIFT IFSC?

What is the tax benefit for units set up in GIFT IFSC under Income Tax Act?

Which law governs arbitration and dispute resolution for IFSC?

GIFT City is planned to be built over how many hectares?

Which modern utility feature is implemented in GIFT City?

GIFT City uses which utility infrastructure model?

Which of the following is NOT part of the GIFT City vision?

What kind of tax regime is available in GIFT IFSC?

Who is the master planner of GIFT City?

Which building in GIFT City houses financial institutions and companies?

Which global auditing firm has its back-office in GIFT City?

Which real estate firm developed residential projects in GIFT City?

Which fintech regulatory sandbox is hosted in GIFT City?

Which mission is GIFT City a part of?

Which of the following is a key pillar of GIFT City’s strategy?

The IFSCA is headquartered at:

Which recent initiative aims to bring aircraft leasing business to GIFT IFSC?

Which sector is NOT regulated by IFSCA?

Which ministry oversees the IFSC Authority?

The IFSCA was established in which year?

Which country is NOT yet directly participating in GIFT IFSC through an exchange collaboration?

Which financial product is allowed in GIFT IFSC?

Which instrument is NOT typically traded on GIFT City’s stock exchanges?

Which sovereign wealth fund set up a unit in GIFT City in 2024?

Which Indian tech giant is building a data center in GIFT City?

Which scheme was launched to encourage startups in GIFT IFSC?

Which two global clearing corporations are collaborating with India INX?

Which Indian university opened a campus near GIFT City?

Which of these merchants is/are licensed to deal in equity markets and commodity derivatives by SEBI?

Up to what amount individual investors can use UPI for application in IPOs / FPOs as per SEBI guidelines?

All the equity stocks listed in Indian Stock Exchanges will move to T+1 settlement from which date ?

Rate of Securities Transaction Tax applicable on Sale of an option in securities where the option is exercised is …

Securities Transaction Tax is payable on Sale of an option in securities. The Rate of STT W.E.F. JUNE 1, 2016 applicable is

Are the investors liable to pay tax on Dividend Received from holdings in Domestic Companies or Equity Oriented Domestic Mutual Funds?

w.e.f. 01/06/2016, the rate of Securities Transaction Tax on Purchase and Sale of an equity share on actual delivery or transfer basis is

Is short – selling in stock trading is Risky?

All sale and purchase transactions in securities other than debt securities attract SEBI Turnover Fee on the value of transactions at the rate of _________ .

An order to buy or sell a specified quantity of a stock at a specified price or a better price is called a

Which of the following do financial analysts consider LEAST IMPORTANT when assessing long-run economic and financial outlook of a Company?

One of the most popular tools used by technical analysts is:

Deep Discount Bonds’ and ‘Zero Coupon Bonds’ – are these same?”

How can an investor earn income from ‘ZERO COUPON BONDS’?

How does an investor earn income from a ‘Perpetual Bond’?

Investment in listed Debt issued by both listed and Unlisted companies are considered as ______________

The distributor agreement is either Bi-partite or Tri-Partite

Asset Allocator in Institutional investment classes should not miss out on ____________

Benchmarking shall not apply to the angel fund registered under sub category of Venture Capital fund under ______________—-

______________ are subject to high mortality risks, these funds assume higher risks seeking higher return.

All borroiwng that rank less than secured debt with first stage are called ____________________

Many types of debt that are private and are considered Alternate Investment because they are _______________

The Hurdle rate in AIF ecosystem particularly refers to preffered return in ________________-

Any ofi the AIF oppurtunites sourced through the internal sources is reffered to as _____________—

The WACC (Weighted Average Cost of Capital) will be based on the ____________ of the Company

Both FVCI and AIF regulation f SEBI are applicable to ______________

In a prtnership structure, the _________________–are also partners along with the Investors in the fund.

The first drawdown is made by the Investment manager is done after the ______________ of the fund.

In _____________ , investors tends to Value immediate performance and have an outlook on the future.

The Private Placement Memorandum (PPM) shall be filed with the SEBI atleast ____________ days prior to the launch of the scheme.

The fund structure purely as PRIVATE DEBT FUND also qualify under the Cat ______ AIF

All the tyes of Alternate investment Fund are divided into _________ category under the SEBI AIF regulations for the purpose of registration and other operational requirements.

Under Regulation 22 of the SEBI AIF Regulation 2012, all AIF shall ensure ____________-

The ________________________ is also know as Hurdle rate in the AIF ecosystem and is often used by managers to ensure minimum return to the Investor

___________________ is the process of investigation and evauation performed by investor into the details of the potential investents.

Which mission is GIFT City a part of?

Which of the following is a key pillar of GIFT City’s strategy?

The IFSCA is headquartered at:

Which recent initiative aims to bring aircraft leasing business to GIFT IFSC?

Which sector is NOT regulated by IFSCA?

Which ministry oversees the IFSC Authority?

The IFSCA was established in which year?

Which country is NOT yet directly participating in GIFT IFSC through an exchange collaboration?

Which financial product is allowed in GIFT IFSC?

Which instrument is NOT typically traded on GIFT City’s stock exchanges?

Which sovereign wealth fund set up a unit in GIFT City in 2024?

Which Indian tech giant is building a data center in GIFT City?

Which scheme was launched to encourage startups in GIFT IFSC?

Which two global clearing corporations are collaborating with India INX?

Which Indian university opened a campus near GIFT City?

Which of these merchants is/are licensed to deal in equity markets and commodity derivatives by SEBI?

Up to what amount individual investors can use UPI for application in IPOs / FPOs as per SEBI guidelines?

All the equity stocks listed in Indian Stock Exchanges will move to T+1 settlement from which date ?

Rate of Securities Transaction Tax applicable on Sale of an option in securities where the option is exercised is …

Securities Transaction Tax is payable on Sale of an option in securities. The Rate of STT W.E.F. JUNE 1, 2016 applicable is

Are the investors liable to pay tax on Dividend Received from holdings in Domestic Companies or Equity Oriented Domestic Mutual Funds?

w.e.f. 01/06/2016, the rate of Securities Transaction Tax on Purchase and Sale of an equity share on actual delivery or transfer basis is

Is short – selling in stock trading is Risky?

All sale and purchase transactions in securities other than debt securities attract SEBI Turnover Fee on the value of transactions at the rate of _________ .

An order to buy or sell a specified quantity of a stock at a specified price or a better price is called a

Which of the following do financial analysts consider LEAST IMPORTANT when assessing long-run economic and financial outlook of a Company?

One of the most popular tools used by technical analysts is:

Deep Discount Bonds’ and ‘Zero Coupon Bonds’ – are these same?”

How can an investor earn income from ‘ZERO COUPON BONDS’?

How does an investor earn income from a ‘Perpetual Bond’?

Investment in listed Debt issued by both listed and Unlisted companies are considered as ______________

The distributor agreement is either Bi-partite or Tri-Partite

Asset Allocator in Institutional investment classes should not miss out on ____________

Benchmarking shall not apply to the angel fund registered under sub category of Venture Capital fund under ______________—-

______________ are subject to high mortality risks, these funds assume higher risks seeking higher return.

All borroiwng that rank less than secured debt with first stage are called ____________________

Many types of debt that are private and are considered Alternate Investment because they are _______________

The Hurdle rate in AIF ecosystem particularly refers to preffered return in ________________-

Any ofi the AIF oppurtunites sourced through the internal sources is reffered to as _____________—

The WACC (Weighted Average Cost of Capital) will be based on the ____________ of the Company

Both FVCI and AIF regulation f SEBI are applicable to ______________

In a prtnership structure, the _________________–are also partners along with the Investors in the fund.

The first drawdown is made by the Investment manager is done after the ______________ of the fund.

In _____________ , investors tends to Value immediate performance and have an outlook on the future.

The Private Placement Memorandum (PPM) shall be filed with the SEBI atleast ____________ days prior to the launch of the scheme.

The fund structure purely as PRIVATE DEBT FUND also qualify under the Cat ______ AIF

All the tyes of Alternate investment Fund are divided into _________ category under the SEBI AIF regulations for the purpose of registration and other operational requirements.

Under Regulation 22 of the SEBI AIF Regulation 2012, all AIF shall ensure ____________-

The ________________________ is also know as Hurdle rate in the AIF ecosystem and is often used by managers to ensure minimum return to the Investor

___________________ is the process of investigation and evauation performed by investor into the details of the potential investents.

Investment fund under the Income tax Act 1961 refers to the ___________

A fund that provide both equity and unsecured debt financiang to early stage start-ups would classify as which of the following?

An allignment if interest is is required between